55
ANNUAL REPORT 2014/2015
DIRECTORS’ REPORT
7 AUDIT AND RISK MANAGEMENT COMMITTEE (“ARMC”) CONT’D
Other functions performed by the ARMC are described in the report on corporate governance included in the
annual report. It also includes an explanation of how independent auditors’ objectivity and independence are
safeguarded where the independent auditors provide non-audit services.
The ARMC has recommended to the board of directors that the independent external auditors, KPMG LLP, be
nominated for re-appointment as independent auditors at the next Annual General Meeting of the Company.
8 INDEPENDENT AUDITORS
The independent auditors, KPMG LLP, have expressed their willingness to accept re-appointment.
On behalf of the Board of Directors
Ow Chio Kiat
Ow Cheo Guan
Singapore
29 May 2015
